According to the Journal, Mr. Jackson "reported assets and debts each in the range of $10 million to $50 million." The announcement of bankruptcy comes one day after reports emerged of Jackson needing to pay $5 million to a woman whose sex tape he acquired and then uploaded to the internet after adding his own commentary.

It's somewhat of a nadir for 50, whose musical career peaked in the mid-2000s with his first two albums, Get Rich Or Die Tryin' and The Massacre. To simply call that a peak, though, understates the scope and influence of 50's presence in that period of time—at one point, the guy had three singles in the Billboard's top five in the same week, the first artist to ever pull that off.